Published: 2025-10-01T02:26:48.000Z
Chart USD/SGD Update: Lower in consolidation from 1.2950 high
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Edged lower in range from the 1.2950 high of last week as prices unwind the overbought intraday and daily studies
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3160 | * | congestion | S1 | 1.2900 | * | congestion |
| R3 | 1.3100 | * | 38.2% Jan/Jul fall | S2 | 1.2860 | * | 22 Sep high |
| R2 | 1.3000/10 | ** | Aug high, Apr low | S3 | 1.2815/00 | ** | 23 Sep low, congestion |
| R1 | 1.2950 | * | congestion | S4 | 1.2745 | * | 24 Jul low |
Asterisk denotes strength of level
02:20 GMT - Edged lower in range from the 1.2950 high of last week as prices unwind the overbought intraday and daily studies. Below the 1.2900 level will see room for deeper pullback to retrace gains from 1.2712 low to support at the 22 September high at 1.2860, which is expected to underpin. Meanwhile, resistance is at the 1.2950 high. Break here will further extend bounce from the September low and open up room for extension to strong resistance at the 1.3000/10 area.